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fxJul 20, 2026, 1:16 AM

PBOC Sets USD/CNY Reference Rate at 6.7948

The People's Bank of China set the USD/CNY central parity rate at 6.7948 on Monday, slightly higher than Friday's fix of 6.7934.

USDCNY

The People's Bank of China (PBOC) has set the USD/CNY reference rate for Monday's trading session at 6.7948, compared to the previous fixing of 6.7934 on Friday.

The central parity rate is the midpoint from which the yuan is allowed to trade within a 2% band. The modest increase indicates a slight depreciation of the yuan against the dollar.

Source: FXStreet Forex News